Proportional representation

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Proportional representation

A method of stockholder voting that allows minority shareholders and groups of small shareholders to have a better chance of getting representation on a Board of Directors than under statutory voting.

Proportional Representation

In a publicly-traded company, a method of voting for members of the board of directors in which a shareholder can give multiple votes to the same candidate rather than voting individually for each available seat. Proportional representation allows individual and small groups of shareholders a greater likelihood of having a representative on the board. See also: Statutory voting.
References in periodicals archive ?
Although Madison's concern about rival parties appears to weigh against this proposal to elect representatives by proportional voting from party lists, the reality is that his hope of avoiding factions and parties was never realized, not even from the earliest days of the republic.
Much of that, in my view, lies with the proportional voting system used to choose these people.
The resounding win makes Key the first New Zealand leader able to govern in his own right since proportional voting was introduced in 1996 and means his centre-right National Party has increased its vote in all three elections he has contested.
Under the new system, unfair representation would be alleviated through the 50 seats elected at the national level through proportional voting so even a small party with 2 percent of the vote could get a seat.
In India , proportional voting is done while electing the President.
Under the terms of the transaction, Investindustrial will get proportional voting rights in the target.
While the total implementation is yet to be decided, the greatest change is to a representative model of two delegates for each state with a caveat for a proportional voting for states with significantly larger membership numbers.
Given his previous support for proportional representation at a UK level, why would he now decide that a more proportional voting system isn't good enough for National Assembly elections?
New Zealand uses the Mixed Member Proportional voting system, which gives voters two votes - one for a political party and another for their local MP.
And it did so in the context of regional differences, which the system reflected in a way that a proportional voting system would not have.
Even President Mahinda Rajapaksa said in the function held recently for taking of oaths by the Chairman and Vice Chairman of Local Government Bodies elected as candidate of the United People's Freedom Alliance (the Alliance representing the Government) that the last Local Government Election will be the last election to be held under the proportional voting system and hereafter there will be no unwanted incidents in the country for getting the Preference Votes.
The opposition Kadima party grumbles that proportional voting allowed right-winger Binyamin Netanyahu, below, to become Prime Minister even though his Likud party has fewer MPs than they do.
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